The income elasticity is +2 and income increases by 20% sales were 5000 units, what will they be now ?
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on May 29, 2019
The income elasticity is +2 and income increases by 20% sales were 5000 units, what will they be now ?
A. 3000
B. 7000
C. 5500
D. 4500
Economics Mcqs
Supply and Demand
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